Why Most Advisors Overthink Their Breakaway Strategy

Many advisors dream of going independent — but they hesitate. Implementing a breakaway strategy can help ease that transition. Breakaway strategies like the one Jason Barber utilized are crucial for those wanting to leave a wirehouse behind. He didn’t leave a wirehouse because of burnout. He left because he believed there’s a better way to serve clients and build something lasting.

So, why do so many advisors stall their breakaway plans? Let’s break it down: an effective breakaway strategy addresses common fears and roadblocks.

Fear of Losing Clients
It’s natural to worry clients won’t follow. However, trusted advisors build relationships that transcend firm logos. If you’ve provided real value, your clients will want to stay with you—regardless of your platform.

Tech Concerns Hold Them Back
Another common roadblock? Technology. Yet, the truth is, today’s tech stacks are built to simplify your operations and are an integral part of a successful breakaway strategy. With the right systems in place, your workflow becomes more efficient, not more complicated.

Operational Challenges Feel Overwhelming
Building an independent firm means wearing multiple hats. But every thriving RIA faced the same hurdles—compliance, billing, CRM setup—and figured it out. With the right guidance, you can too.

The Perfect Time Doesn’t Exist
If you’re waiting for flawless timing to go independent, you’ll be waiting forever. Advisors who take action create their opportunities instead of waiting for them.

Conclusion: Independence is Worth the Leap
Jason Barber proves it—breaking away isn’t just about leaving a wirehouse; it’s about building a better future for you and your clients with a solid breakaway strategy.

These insights are inspired by the Next Mile podcast featuring Jason Barber, CEO and Co-Founder of Uptick Partners. Listen to the full episode here and explore more articles in this series.